B.—l [PT. IV],

WORKING RAILWAYS ACCOUNT—continued. RENEWALS, DEPRECIATION, AND EQUALIZATION RESERVE ACCOUNTS. General Reserve Account. £ s. d. By Balance £1,144,552 17 8 Insurance Reserve Account. Expenditure. £ s. d. i Income. £ g, d t To Losses .. .. .. .. .. 3,112 14 9: By Balance from previous year .. ..82 887 18 1 Upkeep railway fire brigades and fire appii- Premiums debited to working-expenses 15*027 18 0 ances .. .. .. .. .. 1,605 10 11 Balance .. .. .. .. .. 93,197 10 5 £97,915 16 1 £97,915 16 1 By Balance .. .. .. .. ..£93,197 10 5 Workers' Compensation Reserve Account. Expenditure. £ s. d. Income. £ 8 d Jo Accident payments .. .. .. 29,796 811 By Balance from previous year .. .. 36,868 13 4 Balance .. .. .. .. 45,216 8 1 Premiums debited to working-expenses .. 38,'144 3 8 £75,012 17 0 £75,012 17 0 By Balance.. .. .. .. .. £45,216 8 I Slips, Floods, and Accidents Equalization Reserve Account. Expenditure. £ s. d. Income. £ s . d. To Repairs to bridges, slips, and washouts .. 13,200 67 By Balance from previous year .. .. 96,171 10 6 Balance .. .. .. .. 102,753 311 Contributions debited to working-expenses .. 19,'256 0 0 Interest .. .. .. .. .. 526 0 0 £115,953 10 6 £115,953 10 6 By Balance . .. .. .. £102,753 311 Betterments Reserve Account. Expenditure. £ s. d. Income. £ s . d . 1 o Refreshment Branch .. . . . . 266 77 By Balance from previous year .. . 3 718 15 8 Balance .. .. .. .. .. 3,452 8 1 ' " s',J°lo5 ' ,J ° 10 8 £3,718 15 8 £3,718 15 8 By Balance .. .. .. .. .. £3,452 8 1 Renewals Reserve Account. Expenditure. £ s. d. Income. £ B . d. To Relaying of track .. .. .. 188,396 5 4 By Balance from previous year .. .. 729 004 10 2 Refreshment Branch property .. .. 132 10 11 Contributions debited to working-expenses .. 204'730 0 0 Balance .. 748,009 13 11 Interest .. .. . .. 0 0 £936,538 10 2 £936,538 10 1 By Balance.. .. .. .. .. £748,009 13 11 Depreciation Reserve Account. Expenditure. £ s. d. Income. £ d 1 o Way and works . . .. . . .. 37, 928 10 2By Balance from previous year . 509 353 8 0 Bridges 100,271 17 0 Contributions— ' " ' Operating buildings 8,510 11 2 Way and works .. . 10 739 18 5 Signalling and interlocking .. .. 49,784 15 10 Bridges .. .. .. '70'227 11 7 Rolling-stock ~ .. .. .. 393,477 1 9 Operating buildings .. .. .. 39'908 9 3 Locomotive running and ear and wagon depots Signals, interlocking, and electric traction 52*244 10 10 P l ™ 4 1,520 16 6 Rolling-stock 14 4 Dwellings . . " , " 2,718 3 6 Locomotive running and car and wagon Kelresnment, advertising, and. road motor depots plant q 671 17 5 buildings , ; .. .. 847 18 4 Dwellings " 34*600 0 0 Stores and workshops buildings and plant .. 37,987 15 9 Head office buildings and plant .. .. 2 256 0 0 Road motor services .. .. .. 24,737 13 11 Refreshment, advertising, bookstalls, and Portable plant . . . . . . .. 912 6 6 road motor buildings .. .. .. 3 184 0 0 Balance .. .. .. 439,944 5 8 Stores, buildings, and plant .. .. 0 0 Workshops buildings and plant .. .. 35'966 0 0 Lake Wakatipu service .. .. . . 504 q q Road motor services .. .. .. 10 487 211 Wharves . . .. . . .. 793 3 4 Portable plant .. .. .. ~ 2 756 0 0 £1,098,641 16 1 £1,098,641 16 1 By Balance.. .. .. £439.944 5 8

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